Wells Fargo is notorious for being one of the most difficult lenders to get approved for a loan mod. They had a relatively low risk loan portfolio and did not take any of the HAMP stimulus money from the feds, so getting denied on your Wells Fargo loan workout is pretty common. The good news is that there could be an easy fix that you can take advantage of when you re-submit your RMA application for review.
The plain fact of the matter is that no matter how much you deserve a loan modification, you will not be approved until you show Wells Fargo that your own specific financial situation fits into their very tight guidelines. This simply means that the monthly budget figures for your household need to be carefully prepared, verified and then pass these tight and very specific requirements. You were probably denied due to reporting the wrong monthly budget figures.
Luckily, a Wells Fargo Loan Modification approval uses the same standard approval guidelines as the other lenders-and you can find out ahead of time exactly what your own specific monthly budget requirement need to be BEFORE you submit your RMA form again. We have put together an affordable, easy to use and highly effective loan mod Calculator that will automatically show you just how much Monthly Income, Monthly Expenses and Assets that you will need to report in order to meet the approval formula and increase your shot at getting approved.
The Loan Mod Kit and Loan Mod Calculator is available to homeowners at a low cost, AND it comes with one-on-one customer support so that you can get the help you need to fine tune your monthly budget figures and resubmit your denied Wells Fargo loan modification again-BUT this time you will be armed and ready with the information you need to be successful. Visit MyLoanModificationCenter.com and get started right away, thousands of homeowners have been successful, YOU can too!